CLICK announced to expand service to the Community Care Service Voucher scheme for elderly (CCSV scheme) in Hong Kong
December 03 2024 - 5:35AM
Click Holdings Limited (“Click Holdings” or “we” or “our”, NASDAQ:
CLIK) and its subsidiaries (collectively, the “Company”), signed a
cooperation agreement with Care U Professional Nursing Service
Limited (“Care U”) and agreed to jointly provide integrated
Home-based service for elderly under the CCSV scheme in Hong Kong.
The CCSV scheme is a government-sponsored
program that provides community care services through a
"money-following-the-user" and "affordable users pay" subsidy
model. Elderly individuals can select a voucher value between the
ceiling and floor amounts (both inclusive), with the government
co-paying for the services. For the 2024-25 period, the monthly
ceiling and floor voucher values are $10,455 (US$1,340 per month)
and $4,372 (US$561 per month), per case respectively. There are in
total 10,000 vouchers and 12,000 vouchers available for eligible
elderly for the 2023/24 and 2025/26 fiscal year respectively. It is
expected that CCSV scheme will involve an annual expenditure of
more than HK$900 million (US$115 million).
Care U is one of the leading nursing service
providers in Hong Kong. Since its establishment, Care U accumulated
more than 3.4 million total service hours and served over 400
nursing/elderly homes and 1,000 private customers in Hong Kong. In
2018, the first non-NGOs private company to become a licensed
recognized service provider under the CCSV scheme. Since then, Care
U has completed more than 67,000 service hours under the
scheme.
Click Holdings considered this collaboration as
an opportunity to further strengthen its elderly care business
under Hong Kong's government-subsidized elderly care programs. This
aligns with our strategy to enhance the quality of its human
resources and expand our integrated services for the elderly.
Our management also considered the cooperation is the key
milestone to tap into “Home Caring Services for Elderly” in HK. The
synergy brought by this partnership is expected to further promote
public awareness of our Company’s high-quality services, creating
additional momentum for growth and development in Hong Kong.
About Click Holdings
Limited
We are a fast-growing human resources solutions
provider based in Hong Kong, aiming to match our client’s human
resources shortfall through our proprietary AI-empowered talent
pool by one “click”. Our key businesses primarily include nursing
solution (mainly elderly) services, logistics solution services and
professional solution services.
For more information, please visit
https://clicksc.com.hk.
Safe Harbor Statement
Certain statements in this announcement are
forward-looking statements. These forward-looking statements
involve known and unknown risks and uncertainties and are based on
the Company’s current expectations and projections about future
events that the Company believes may affect its financial
condition, results of operations, business strategy and financial
needs. Investors can identify these forward-looking statements by
words or phrases such as “may,” “will,” “expect,” “anticipate,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,”
“potential,” “continue” or other similar expressions. The Company
undertakes no obligation to update or revise publicly any
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results and
encourages investors to review other factors that may affect its
future results in the Company’s registration statement and other
filings with the SEC, which are available for review at
www.sec.gov.
For enquiry, please contact:
Click Holdings LimitedUnit 709, 7/F., Ocean
Centre5 Canton RoadTsim Sha Tsui, KowloonHong KongEmail:
jack.wong@jfy.hkPhone: +852 2691 8200
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